yes, i knew abt this, thanksOriginally Posted by Acer
Junior
yes, i knew abt this, thanks
Newbie
Starting my first loan instalment soon.
Notified by lawyer the foundation work for my stack completed.
Junior
April was another good month for property sales...
Property price is edging up...
Last edited by noblebaby; 21-05-09 at 15:44.
Junior
Any one going to feng sui talk tomorrow? Me currently not in SG... Those who go pls help to record down the important note...April was another good month for property sales...
Property price is edging up...
The master may tell the bad feng sui of certain unit and would like to know the solution... For those who convert to dry kitchen, the sink n oven is face to face, which is not that ideal from feng sui perspective, can ask this question n see what the master going to say...
Junior
From Today's Today-Online, advertising on the Feng Shui talk...
Recently also saw a SBS bus with WFW advertisment on it, quite a nice one! Seem like ERA is working real hard on the marketing.
Newbie
Yes will be going. Okay will take note of the sink & oven facing each other. I would prefer the sink to be at the kitchen bay window.
Newbie
Hi all
I am new here.
Just bot a unit at WW 2 weeks back. Stack 25.
Heard starbuy price has increased 2% this week.
Actually I have some queries. hope can get some info here.
When I checked the site area of WW, i realised that it is only 2/3 the site area of Baywater. Having seen how cramped Baywater is, I am rather worried that this project will be even smaller and more cramped.
Anyone has any comments?
Also, comparing to DBR at Simei, I realised that the facilities at WW pales in comparison. Was thinking can we get the developer to add in some small features like KOK room, water slides for kids' pool, basketball court etc to increase the selling pts.
Last question, about the fengshui thing. So did anyone consult a master or get the answer today? Curious to know if stack 25 is suitable for which group of pple.
Newbie
Welcome princessmum.
Actually WFW site area is 214,042sqft and baywater is only 113,378sqft.
As for the facilities, i would like to have water slides for the splash/kids' pool too! Need more owners to support this.
Went for the fengshui talk this afternoon...showroom is packed with owners + potential buyers. The talk is by Fengshui Master Neo (www.kx.com.sg).
For stack 25, the position for this stack is good for 添丁.
Newbie
WFW Crazy Club is growing....
1kcirdenk - 16
Cheahsg - 25
Cyl - 3
EJEJ - 26
Forte - 19
Hippopo - 26
Icy - 20
Ken - 3
Lyrix - 26
Noblebaby - 25
Pang - 23
princessmum - 25
Sunny - 19
Water Lover - 21
Newbie
Hi Ken9170
Thanks for the info.
Looking forward to the TOP party and meeting you all.
If needed, pls let me know about the "improvement" (water slides) requests to the developer. I'll gladly join in...
Newbie
So many good news. Here are few for your info..
More property launches on buying interest
May 17, 2009 - The Business Times
Emilyn Yap
DEVELOPERS are riding the wave of buying interest to launch more units.
CapitaLand yesterday released 100 two and three-bedroom units at The Wharf Residence, a 999-year leasehold condominium near Mohamed Sultan Road which comprises 173 apartments and 13 shophouses.
The group sold 85 units - mostly two-bedders - at an average price of between $1,300 and $1,600 per square foot (psf).
Sizes of two-bedroom units start at 1,012 sq ft. Assuming a price of $1,300 psf, one would cost about $1.32 million.
Some of the 100 units released yesterday were the remainder from an earlier launch.
According to Urban Redevelopment Authority (URA) records, CapitaLand introduced 80 units to the market in July last year and sold 24 until September that year at median prices above $1,500 psf.
The Wharf Residence is expected to receive its temporary occupation permit in 2013. CapitaLand is offering buyers a package deal of stamp duty absorption and interest absorption. BT understands that those who do not take up this package may get to pay up to 8 per cent less.
CapitaLand could make more units available today as the launch stretches into the weekend.
The release of more units at The Wharf Residence comes as activity in the higher end of the property market is starting to stir. According to URA's April statistics, buyers snapped up 64 units out of 75 launched at Bukit Sembawang Estates' Verdure at Holland Road. The median price of the transactions was $1,416 psf.
'Sentiment is better now,' said Knight Frank executive director (residential) Peter Ow. Some buyers feel that property prices have dropped enough, he added.
And even if prices have not bottomed, they believe that there is probably 'no harm in going in now, rather than letting money sit in the bank'. Some buyers are also worried about missing out on a real estate recovery, he said.
Separately, Frasers Centrepoint mentioned at its results briefing last week that it will launch its Woodleigh project in July or August this year. Prices will be at a level that 'the market will accept', said its chief executive, Lim Ee Seng.
The company's Caspian at Lakeside has seen strong take-up since its launch in February. Of the 712 units in the development, 611 had been sold as at May 7, Frasers Centrepoint said.
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Inviting you down to Waterfront Waves for a view.
Hoping to serve you there. Roger Tan - 9061-9884
Newbie
Opportunities for property investors
May 19, 2009 - The Business Times
THESE are troubled times, and the global real estate sector has borne the brunt of the sub-prime fallout.
But now the property world is turning its attention to Asia as investors are hoping that 2009 will be the year to begin picking up undervalued assets ahead of economies in the region emerging from the global financial crisis, say the organisers of Cityscape Asia.
The annual real estate exhibition and conference - which is being held in Singapore from today until Thursday - comes amid talk of 'green shoots' of recovery for the Singapore and global economies.
Cityscape Asia focuses on all aspects of real estate development.
The real estate investment market in the Asia-Pacific region and the rest of the world saw a further contraction of market volume in the first quarter of 2009 against the backdrop of the global financial turmoil and the sustained problem of a credit crunch. However, analysts are beginning to see opportunities as the world and Asia rides out the crisis.
'Established firms, family enterprises and individuals with cash reserves, limited debt and an appetite for risk are expected to be among the first to begin searching the Asian market for bargains in the coming months,' said Graham Wood, group exhibition director of Cityscape.
This year's Cityscape Asia will examine topics relevant to the downturn such as surviving the global financial crisis, the future for real estate funds, and markets to invest in for long-term growth and returns.
But long-standing topics such as Asian real estate investment trusts (Reits), green investments and the retail scene in Asia will also be explored.
More than 4,000 top deal-makers from leading developers, banks, institutional investors and investment authorities, as well as senior officers from the foremost private equity funds and investment advisory firms will gather in Singapore over these three days to discuss key issues and investment opportunities.
This year, more networking functions and face-to-face interaction have been factored in to ensure that delegates have ample opportunity to conduct real business at Cityscape Asia. Participants could well walk away from the conference with signed deals.
Cityscape Asia is an extension of the successful Cityscape Dubai exhibition, which has grown to include Abu Dhabi, India, Saudi Arabia, Russia, the United States and Latin America.
The Singapore conference will focus on Asia. It will discuss and debate the recovery, opportunities, and the strategies adopted by leading real estate investment and development firms across Singapore, Malaysia, the Philippines, Thailand, Vietnam, Hong Kong, Indonesia, China and India.
In its recent inaugural Asia-Pacific investment market overview report, Colliers International said that opportunities remain in the region for investors. 'Although the regional real estate investment market in Q1 2009 was relatively quiet and despite the fact that the market will continue to be challenged by the economic environment for the rest of 2009, we believe there are still potential investment opportunities in the region in the coming quarters,' said Piers Brunner, Colliers' chief operating officer for Asia.
Real estate investment yields in the Asia- Pacific region have gone up further by 25-75 basis points in the first quarter of the year as investors held back from entering the real estate market, Colliers said. This should make investing more attractive now compared to a few quarters ago.
One market that will be much debated at this year's Cityscape Asia is China. 'In current times, the brightest light glows in China with the economy seeing a huge inventory adjustment,' said DTZ in April.
In the first quarter of 2009, mainland China's residential property sector staged a recovery of sorts, with transactions in some cities rebounding to levels not seen in years. However, the recovery did not spill over to the commercial sector as office markets in the major cities remained sluggish with fewer transactions amid declining rents and prices. A recovery in China could do much to help property markets in the rest of the region, analysts said.
Cityscape Asia also incorporates a host of 'mini events' designed to create business opportunities, such as developer project showcases, interactive discussion forums and investor roundtables.
Developers and other stakeholders from Europe and the US will be at Cityscape Asia looking for Asian investors. In its May bulletin, Citi Private Bank said that it expects to see a new global consumerism marked by a thrifty West and an affluent East, which should see investment flow from the East to the West.
Just one example - Philippe Chaix, director of La Defense, the prime office district of Paris, will be in Singapore during the conference to discuss the future of business property in the French capital, specifically, what it means for Asian investors.
London is also expected to get its share of attention. Asian interest in London properties is growing on the back of a devaluation in the pound, market watchers say. For example, the value of the British pound has fallen about 30 per cent against the Singapore dollar since December 2007. With London property prices down by about 15 per cent from their peak, Singaporean investors could reap savings of about 45 per cent off prices if they choose to invest in London.
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Sorry for the lenghty post. Benefit to those who are still in doubt.
Roger Tan - 9061-9884
HSR
Newbie
Private home sales strong
May 16, 2009 - The Straits Times
Joyce Teo
SALES of new private homes continued to boom in April, almost matching the frenetic pace of activity set in both February and March this year.
Some 1,207 units were sold during the month as more were launched by developers keen to take advantage of increased buying momentum, partly fuelled by stock market rises. This compares with sales of 1,220 units in March and 1,332 in February.
Last month, developers launched 1,083 new homes, up from 832 in March, according to data released yesterday by the Urban Redevelopment Authority.
The latest figures mean that developer sales for the first four months of the year equate to around 88 per cent of all such sales last year. The two best-selling projects in April were Mi Casa in Choa Chu Kang and The Arte in Jalan Datoh. Buyers picked up 115 units of Mi Casa at a median price of $639 per sq ft (psf), while 110 units of The Arte were sold at a median price of $903 psf.
Suburban projects remained the most popular. Some 523 suburban units were sold during the month, down from 559 units in March and 840 in February.
In April, the lowest-priced non-landed deal was in Bayou Residence, where a unit with a rooftop garden was transacted at just $300 psf.
The month saw increased launches and sales activity in the core central region. Some 339 homes were launched there - five times the 70 units in March and the most since September 2007.
Certain prime projects with median prices from $1,156 psf to $1,703 psf were popular with buyers, said CBRE Research. It pointed out that projects such as the sold-out 72-unit Illuminaire On Devonshire, RV Suites and Attitude At Kim Yam were successful because of the low absolute quantum price per unit - they comprised mostly small-format units of 330 sq ft to 720 sq ft.
Ms Jacqueline Wong, head of residential at Jones Lang LaSalle, said: 'Buying appetite is returning for new developments that are reasonably priced. For example, Verdure by Bukit Sembawang on Holland Road, with a median price of $1,416 psf, roughly translates to below $2 million for a home in Holland Road.'
Said Mr David Neubronner, executive director, residential at Credo Real Estate: 'The perception of the market is changing. Certain quarters feel that prices may not go down very much from current levels. Some new launches this year started selling at slightly lower prices to soak in demand, but they are now raising their prices by a little.'
Still, some of those who launched earlier at higher prices continue to cut.
Yesterday, CapitaLand released 100 units at the 999-year leasehold The Wharf Residence off Mohamed Sultan Road at $1,300 psf to $1,600 psf. To entice buyers, it is waiving stamp duty and offering interest absorption. Prices are down from a range of $1,429 to $1,708 psf in the third quarter of last year.
CBRE Research executive director Li Hiaw Ho said: 'Based on the price range of the units sold in April and May, we are seeing a stabilisation of prices in contrast with the 14.1 per cent quarter-on-quarter record decline in the first quarter.'
However, while the mass and mid-markets have found their equilibrium, high-end developers may still have to lower prices if they want to sell now, said Mr Neubronner.
Property experts warned that April's pace is unlikely to be sustained, given that Singapore remains in a recession.
'Many homebuyers are purchasing new homes in the hope that the property market would recover shortly,' said Knight Frank director of research and consultancy Nicholas Mak.
Mr Neubronner added that prices could possibly hover around current levels for the next 12 months.
Dr Chua Yang Liang, head of research, South-east Asia, at Jones Lang LaSalle, added: 'Until there are clear signals of a stabilisation and underlying positive growth in the real economy, the residual pent-up demand alone cannot be expected to lift the residential market in the long term.'
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Sorry for the lenghty post. Benefit for those still in doubt of market.
Roger Tan - 9061-9884
HSR
Newbie
Upmarket homes start to sell as momentum rises
May 16, 2009 - The Business Times
Uma Shankari
THE high-end property market - which has remained subdued since the beginning of the year even as activity increased in the mass-market segment - started to move in April.
According to data from the Urban Redevelopment Authority (URA), some 1,207 units were sold by developers last month. And unlike in the first three months of the year, homes in Singapore's core central region (CCR) - which includes the prime District 9, Marina Bay and Sentosa - sold as well, with transaction volumes there soaring to a 19-month high of 322 units. In contrast, only 133 homes were sold in the CCR in March.
This rebound is an encouraging sign that the high-end market is not totally void of life as feared, analysts said. Outside the CCR, some 523 homes were also sold in the mass-market outside central region in April, as well as 362 homes in the more upmarket rest of central region.
Buoyed by the performance of the mass market over two consecutive months in February and March, developers started testing the ground with launches in the mid-tier and high-end segments in April.
While just 70 units were launched in the CCR in March, the number rose almost five times to 339 units in April - the highest number since September 2007. Launches in the CCR accounted for almost one-third of all units launched in the month.
'Developers were probably hoping to ride on the rebound in buying momentum to clear their stock and land bank,' said Tay Huey Ying, director for research and advisory at Colliers International.
Colliers' analysis showed that there was a significant jump in the number of new units sold in April in the range of $1,500 per square foot (psf) and above. Some 90 units were sold at above $1,500 psf in April, compared to less than 12 units a month in the preceding six months. Of note, Illuminaire on Devonshire sold all of its 72 newly launched units at a median price of $1,703 psf.
Homes in the $1,000-$1,500 psf price range also sold well. Projects with significant numbers of units sold in this price range include the 51-unit BelleRive on Keng Chin Road (where all 21 units launched in April were sold for $980-$1,404 psf) and Attitude at Kim Yam in the River Valley area (where 22 out of the 33 units launched were sold for $1,157-$1,306 psf).
However, there was still no activity in the luxury segment. April marked the fourth consecutive month with no units transacted above $2,500 psf, pointed out Nicholas Mak, Knight Frank's director of consultancy & research. 'Although the sale volume is showing signs of increase, price growth is still subdued,' Mr Mak said.
Analysts said there could be a variety of reasons why the buying momentum carried on from February and March. Some 1,332 homes were sold in February, and another 1,220 in March - a huge pick-up in sales volume after just 108 homes were sold in January.
Talk that the United States and Singapore economies are recovering, combined with the recent stockmarket rally, could have injected confidence and lifted the sentiments of potential buyers, analysts said.
There is also an increasing sense among potential homebuyers that home prices could be nearing bottom, with URA's statistics showing that private home prices chalked up their worst-ever quarterly decline of 14.1 per cent in Q1.
Developer sales for the January-April period are already about 90 per cent of all developer sales in 2008. Such launch and sales activity can be sustainable in the months ahead if the Singapore economy and employment market were to expand in 2009, said Knight Frank's Mr Mak.
The second quarter may chalk up home sales volume of 3,000 units, said Li Hiaw Ho, executive director of CBRE Research. In Q1, 2,660 homes were sold.
Priya Sengupta, associate director of Savills' research & consultancy unit, warned, however, that in the coming months, cautiousness is the key in developer launches as any sign of 'false euphoria' may scare the buyer away, leading to several months of inactivity again.
Others similarly called for 'cautious optimism'.
There is still enough pent-up demand from homebuyers for a few more months, said Chua Yang Liang, Jones Lang LaSalle's head of research for South-east Asia. But he added: 'However, until there is a clear signal of a stabilisation and underlying positive growth in the real economy, the residual pent-up demand alone cannot be expected to lift the residential market in the long term
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Sorry for the lengthy post. Benefit to those who are still in doubt.
Roger Tan - 9061-9884 (HSR)
Waterfront Waves
Newbie
Hi all, i went for the talk too, and I thought i'd just share some generic tips from the talk for the benefit of those who might believe in it.Welcome princessmum.
Actually WFW site area is 214,042sqft and baywater is only 113,378sqft.
As for the facilities, i would like to have water slides for the splash/kids' pool too! Need more owners to support this.
Went for the fengshui talk this afternoon...showroom is packed with owners + potential buyers. The talk is by Fengshui Master Neo (www.kx.com.sg).
For stack 25, the position for this stack is good for 添丁.
He mentioned that the fruit for gaining luck or basically THE fruit to eat this year is the Red Apple, and crunching those little guys on a daily basis (recommended 3 a day) should help. IN addition, he also talked about how its good to wear bright coloured shirts and carry a black pen in an economic situation as such. I must admit I couldn't quite catch the detailed benefits as my Mandarin isn't particularly good.
I can't remember what he said about all the units, but if Lyrix and Hippopo are keen, you can PM me and i can share with you what he said about stck 26.
On a separate note, having the slides will be nice too.
Have a great weekend people!!!
Newbie
Hi EJEJ, the master also used a lot of fengshui jargon which i dont really understand too.
I like one of the fengshui tips he mentioned yesterday. There's no such thing as high floor units have a better fengshui than low floor units. From fengshui perspective, a stack of block is divided into 3 sub-stacks. For a 12th storey stack, 3 sub-stack will be floor 1-4, 5-8 & 9-12.
Floor 9-12 means 天时 (福气）
Floor 5-8 means 人和 （寿气）
Floor 1-4 means 地利 （禄气）
People living in the top stack will have a lot of 福气.
People living in middle stack will have good 人缘 and also good for elderly in the family. It will bring longevity to the elderly.
For lower stack, if i remember correctly, people in this stack will have high post in an organization.
Junior
Ken, did he tell any bad thing on WFW? Any tips on the facing and layout?
Junior
Any more tips on stack 25? wow, next time i will have lots of children, haha!
Welcome princessmum.
Actually WFW site area is 214,042sqft and baywater is only 113,378sqft.
As for the facilities, i would like to have water slides for the splash/kids' pool too! Need more owners to support this.
Went for the fengshui talk this afternoon...showroom is packed with owners + potential buyers. The talk is by Fengshui Master Neo (www.kx.com.sg).
For stack 25, the position for this stack is good for 添丁.
Junior
Wah, this fengsui master really very friendly. Every unit is goodWFW potential buyers pls cheong and snap up all remaining super-auspicous units so that WaterFront Key will start at 850psf. Really pity the HUDC enbloc owner who let go their 1700sqft unit at a pathetic 660k to FEO/FCT.
一命二运三风水， 福人福地居
Newbie
His talk is basically some general fengshui tips of this project. For more details, interested parties are encouraged to make an appt with him.
Newbie
IMOH, the feng shui master didn share much. Like what ken said, all he did was a general overview of the project and a vigorous advertising of his own company. And yes, of cause he had to say good things about this project. Its common sense... As for those who sold their HUDC at low prices, i do feel sorry for them. What to do???His talk is basically some general fengshui tips of this project. For more details, interested parties are encouraged to make an appt with him.
Newbie
For the below fengshui tips given by the master Neo....it is meant for all the housing (private/hdb) in Singapore...not specifically to WFW.
Junior
Feng Shui talk is just a tactic used by ERA to attract more peoples to the showroom... and developer increased the Starbuy price by 2% is also a good tactic to push those potential buyer to commit faster... just like stock market, when price is going up, people will rush in to buy, it is all about momentum, not fundamental. GS and ML already started to revise up their outlook for SG property.
Got money, just buy and hold. no need to worry so much.
Wah, this fengsui master really very friendly. Every unit is good
一命二运三风水， 福人福地居
Newbie
Our construction is progressing well, some parts completed ealier than planned.
Those who are interested to buy better be quick before good unit sold out.
Newbie
Expect some owners to start first installment very soon.
Newbie
Yeap, stack 03 will start the first installment. Think the first installment will be on the 1st of june.
Junior
Cyl, you woke up so early or burning midnight oil?
Congrats to your first installment, i also couldnt wait to pay my installment, which means the construction is progressing fast!
Newbie
Hehe... I was doing some research on bridal packages. So many to choice from. Then also looking at venues to hold the banquet. Got to plan all these before the house comes. If not cash flow might have problems.
Newbie
Wow...Congrats!
Newbie
Congratulations!
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